traditional style home with covered porch, a front yard, and a chimney Features: lawn, stairs, horizontal siding, electric meter, vertical siding, concrete foundation, porch, gutters, fence, downspout, parking pad, chimney

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view of front of property with a front lawn, a chimney, and an outbuilding Features: detached garage, downspout, outdoor structure, horizontal siding, stairs, vertical siding, chimney, lawn, porch, gutters

view of front of house featuring covered porch and a front yard Features: vertical siding, downspout, lawn, stairs, porch, horizontal siding, gutters

living area featuring light tile patterned flooring Features: drywall, tv, refrigerator, range hood, tile floor, range oven, basement

kitchen with white appliances, light tile patterned flooring, light countertops, and white cabinetry Features: tile floor, pass through window, sink, countertops, white cabinets, range oven, tv, u shaped kitchen, refrigerator, baseboards wall, drywall

living area with light tile patterned floors Features: vent, tile floor, low ceiling, tv, basement, drywall

utility room featuring gas water heater, washer / clothes dryer, and heating unit Features: furnace, water heater, vent, basement, washer dryer, laundry

stairway with unfinished concrete flooring Features: drywall, refrigerator, sink, concrete floor, basement, stairs, vent, natural light

staircase with concrete flooring Features: basement, concrete floor, sink, drywall

full bath with a shower with curtain and light tile patterned flooring Features: shower, toilet, baseboards wall, drywall, full bathroom, vent, natural light, tile floor

bathroom featuring vanity and toilet Features: mirror, toilet, natural light, sink, half bathroom, vanity, drywall

kitchen featuring white appliances, light tile patterned flooring, dark countertops, and white cabinetry Features: backsplash, refrigerator, range hood, white cabinets, visible hinge cabinets, drywall, baseboards wall, countertops, range oven, natural light, office area, tile floor

kitchen featuring a ceiling fan, stainless steel appliances, backsplash, and light tile patterned floors Features: stone countertops, tile floor, natural light, medium brown cabinets, shaker cabinets, ceiling fan, drywall, backsplash, microwave, range oven, sink, baseboards wall, refrigerator

kitchen featuring white range with electric cooktop, tasteful backsplash, and light tile patterned floors Features: sink, backsplash, baseboards wall, white cabinets, stone countertops, drywall, tile floor, range oven, shaker cabinets, crown molding

corridor featuring light tile patterned floors and baseboards Features: tile floor, baseboards wall, refrigerator, natural light, drywall, vent

sitting room featuring light wood-style floors and a textured ceiling Features: drywall, wall furnace, natural light, baseboards wall, vent, textured ceiling, wood finish floor

living area with light wood-type flooring and baseboards Features: textured ceiling, baseboards wall, wood finish floor, drywall

living room featuring light wood-style floors Features: drywall, natural light, tv, wood finish floor

dining room with beamed ceiling, electric panel, and light tile patterned floors Features: baseboards wall, electric panel, natural light, toaster, beamed ceiling, drywall, tile floor, refrigerator, fire extinguisher

kitchen with white cabinets, electric stove, light tile patterned floors, light countertops, and tile walls Features: arched cabinets, smoke carbon monoxide detector, shaker cabinets, range oven, range hood, tile floor, natural light, white cabinets, tv, tile wall, drywall, backsplash, countertops

kitchen featuring white cabinetry, freestanding refrigerator, electric panel, light countertops, and light tile patterned floors Features: visible hinge cabinets, baseboards wall, drywall, tile floor, natural light, fire extinguisher, refrigerator, electric panel, countertops, white cabinets

bedroom featuring wood finished floors Features: low ceiling, bonus room, vaulted ceiling, drywall, wood finish floor, natural light, cathedral ceiling, tv

home office with light wood-style floors and baseboards Features: cathedral ceiling, wood finish floor, low ceiling, vaulted ceiling, drywall, vent, natural light, bonus room, baseboards wall

bonus room featuring light wood finished floors and vaulted ceiling Features: fire extinguisher, drywall, bonus room, wood finish floor, smoke carbon monoxide detector, baseboards wall, vaulted ceiling

bathroom featuring a tub and light tile patterned floors Features: toilet, tile floor, shower, smoke carbon monoxide detector, bath, full bathroom, drywall

living room featuring a textured ceiling, plenty of natural light, beam ceiling, and light wood finished floors Features: textured ceiling, drywall, natural light, beamed ceiling, wood finish floor, tile floor, baseboards wall, tv

living room with light tile patterned flooring and baseboards Features: tile floor, baseboards wall, wood finish floor, drywall, tv, natural light

living area with light wood finished floors and baseboards Features: natural light, drywall, wood finish floor, tv, baseboards wall, textured ceiling

living area featuring a ceiling fan and light wood-type flooring Features: tile floor, wood finish floor, ceiling fan, baseboards wall, tv, natural light, drywall

living room with a ceiling fan and light wood-style floors Features: beamed ceiling, drywall, tile floor, natural light, tv, baseboards wall, textured ceiling, wood finish floor, ceiling fan

bathroom with vanity, wood walls, shower / tub combo with curtain, and light tile patterned floors Features: tile floor, toilet, sink, vanity, full bathroom, combined bath shower, wood wall, mirror

living area featuring light wood-type flooring and baseboards Features: beamed ceiling, drywall, wood finish floor, tile floor, tv, textured ceiling, crown molding, natural light, baseboards wall

bedroom with light wood finished floors Features: wood finish floor, drywall, tv

kitchen with stainless steel fridge, ceiling fan, light countertops, tasteful backsplash, and light tile patterned floors Features: ceiling fan, tile floor, drywall, countertops, shaker cabinets, refrigerator, dark brown cabinets, backsplash

kitchen with stainless steel fridge, light countertops, ceiling fan, decorative backsplash, and light tile patterned floors Features: drywall, smoke carbon monoxide detector, dark brown cabinets, countertops, baseboards wall, backsplash, refrigerator, shaker cabinets, natural light, ceiling fan, sink, tile floor

bedroom with access to outside, freestanding refrigerator, and a ceiling fan Features: drywall, wood finish floor, dishwasher, natural light, vaulted ceiling, access to exterior, ceiling fan, refrigerator

bedroom featuring light wood-style flooring and baseboards Features: baseboards wall, vaulted ceiling, wood finish floor, tv, drywall

dining room featuring light tile patterned floors and ceiling fan Features: natural light, tile floor, ceiling fan, drywall, baseboards wall

kitchen with a ceiling fan, gas range, tasteful backsplash, light countertops, and white microwave Features: drywall, sink, raised cabinets, dark brown cabinets, ceiling fan, baseboards wall, tile floor, microwave, countertops, natural light, range oven, backsplash

view of side of property with an outdoor structure and a residential view Features: outdoor structure, gutters, fence, downspout, horizontal siding, residential view, concrete foundation

back of house featuring a wooden deck and a chimney Features: chimney, deck, vertical siding, stairs, horizontal siding, lawn, gutters, downspout, concrete foundation, fence, central ac

view of fenced backyard Features: fence, lawn

american foursquare style home with covered porch, a front lawn, and a chimney Features: chimney, porch, downspout, shingle roof, driveway, fence, parking pad, vertical siding, gutters, horizontal siding, lawn, stairs

view of urban area featuring property parcel outlined Features: city view, residential view

bird's eye view Features: residential view

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For Sale - 307 Wallace Avenue, Welland, Ontario

307 Wallace Avenue

Welland , Ontario

6 4 $529,900

Est payment $2,545/mo

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Time on Jump 65 day

AI Summary *

Solid fourplex in a growing, investor-friendly area of Welland.
Four separate hydro meters for efficient management and cash flow.
Centrally located near amenities, schools, and parks for tenant convenience.
Close to Downtown Welland with new multi-use trails and attractions.
Easy access to Highway 406 for seamless commuting across the region.

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Purchase Price

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Down Payment:
$ 26,495 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

Investment opportunity at 307 wallace street in the heart of welland - one of niagara's growing and most investor friendly cities. This solid fourplex offers value for investors seeking cash flow and long term upside, featuring four separate hydro meters and zoned residential medium density (rm). This centrally located asset is well positioned to deliver. Situated in a mature, established neighbourhood, the property is within walking distance of the lincoln street plaza and offers easy access to public transit, schools, parks, and everyday amenities. Just minutes from downtown welland, a core undergoing active renewal with canal access, heritage buildings, and walkable businesses and the iconic welland canal walking and cycling trails. The city of welland recently celebrated the near completion of approximately 4. 5 kilometres of new multi-use trails, further enhancing active transportation and connectivity throughout the city. Niagara college is a short drive away, ensuring a consistent and diverse tenant pool of students, faculty, and tradespeople year round. Quick access to highway 406, connecting tenants seamlessly across the entire niagara region. Priced to sell, 307 wallace is a smart, strategic addition to any real estate portfolio in niagara's most exciting emerging investment market.

Listing IDX13060548

Address307 Wallace Avenue

CityWelland, Ontario

Price$529,900

Bed / Bath6 / 4 Full

Style2-Storey, Fourplex

ConstructionOther

TypeMulti-Family

StatusFor Sale

Extras

Subtype FourplexIndoor Features Separate Hydro MeterOwnership FreeholdBasement Full, Partially Finished, Separate Entrance, Walk-OutFoundation Concrete BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 4.00

Listing Agency:
Real Broker Ontario Ltd.

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Listing Agency:
Real Broker Ontario Ltd.

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For Sale - 307 Wallace Avenue, Welland, Ontario

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